Helios raises profit forecasts

Aim-listed Helios Underwriting has upgraded its forecasts for the
2014 and 2015 years of account.
The Lloyd's carrier now expects a midpoint profit of 12.78
percent of capacity for the 2014 year of account, up 1.47
percentage points on the forecast at 30 June and above the
Lloyd's average of 9.40 percent for the year.
This would generate a profit of £8.23mn ($10.20mn) for the
2014 year of account, based on capacity of £34.40mn.
For the 2015 year of account,...